ETH and ICOs - Do you think that the decline of ETH price will affect ICOs?

[sunsilk]

Price do matter for projects that has great quality. They are affected with the current dip but the project will keep on following its program and plans but as part of smart contract, they are affected with what ETH is experiencing.

ETH's price has big contribution for its ERC20 based tokens and that's why most of those tokens are also experiencing lows.

In fact that they are getting a huge impact when there was a big bearish trend that was affecting the whole assets in the cryptocurrency. I never seen any correlation between the price of ethereum and these ethereum assets. remember there are some of them can defend their price even in the bearish trend.,

You haven't seen the correlation of ETH and ERC20 tokens? DEX's like IDEX are ERC20 token paired with ETH so it do solely affects and making a connection to both sides if the market on the other side swings, it will make a wave to the other side as well.

Mist of these tokens are very well dependent to ethereum, while ETH has been dependent to bitcoin. Sometimes there's no correlation but most often it do correlate. Also that's a fact that some of them can stand with this bear and is surviving.

[Blue_oxen]

I don't see any thing )) when market down everything down. Bitcoin = 1/3 highest price so eth = 1/4 highest price is too normal

[Coinrush20]

Yes and No. yes Ethreuem’s value will greatly affect the value of the ICO’s build around it. And to that these ICO trend may vary as to how Ethereum will performthis year. No, because if a project is awesome though it may rely to ETH i still has that factor to succeed.

[Kevin77]

I believe it will not affect an ongoing ICO project as long as the project is genuine with very high potential to hit in the market.
Sometimes, it's how the team promotes their project. There are times that crap projects with very articulate marketing team can acquire huge amount of money, while an innovative one with poor marketing can't even get an audience from the community.
So long that a project is authentic in their goals and has very strong team, I think the eth price is not that significant. Maybe, you can buy more tokens now with the current value. 

Promotion indeed plays a big role to the overall success of an ICO. So, in your case, if you come across a great project and you have the funds to invest, you wouldn't consider putting off your investment even if ETH appears to fall below 200USD again?

In fact, the success of an ICO based on promotion, still has a lot to do with the product availability and how readily the product is perceived to be something valuable to the community. Ethereum price really does not have anything to with whether a project becomes successful in their ICO or even in the long run.

Actually, due to the market not being a favorable one, we have seen a lot of ICOs trying to wait for a better time to launch their ICO and we have seen some postponing until further notice, while some are waiting for the right moment before they get launched in an exchange.

For a bear market, it surely affects a whole lot, but that does not mean the future of a project with a product is still not intact if the product ends up becoming very useful.

[Ararbermas]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

 for me in my own opinion probably ICO is definitely affected if eth continue decreasing constantly even though the progress of project keep growing. because mostly the price and rates of token from any ICO project are base on ETH. but just my view , correct me if I'm wrong.  Lmao

[bitekoin]

The decline of ETH price may affect ICOs, but most of you could be sleeping easy if you basically checked two things.
One is a project with a good team that is dedicated and competent to implement the promised ideas. Two is a coin with an innovative purpose and a promising future. With those two, you can definitely be positive that what you have there is a good coin to invest in.
With that, go check out the coin that is in my sig Mevu.

[lapasan]

Of course, the price of ETH is important for the dynamics of ico, but for large top projects this value is not critical.

[conected]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

 for me in my own opinion probably ICO is definitely affected if eth continue decreasing constantly even though the progress of project keep growing. because mostly the price and rates of token from any ICO project are base on ETH. but just my view , correct me if I'm wrong.  Lmao

- Exactly, you have not said wrong, the value of eth will directly affect the phase in ico because as we see, when the price of eth becomes red, the market will fall into the same state, red will appear constantly, everyone will always be in a holding position and waiting, investors can not continue to invest in ico. They know this stage is very dangerous when projects can hug their money and run away at any time, and when the ico does not have investors, it's mandatory to prolong the project, even reduce the price then lose value when listed on the exchange

[disconnectme]

It has already, most people have been greatly burnt by investing in some of this ICOs at ridiculous valuation and has talking its toes on the market which resulted into dumping on Ether on the market. It would take time before the price start picking up again maybe Q1 of 2019

[MGBloomz]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

Yeah this is the real problem with those ongoing ICOs as they will force to freeze their token sale to make it fair with those who invest at the early stage with higher price of ETH. Although some have not affected but their funds will reduce if the price of ETH will not able to bounce back. In the investors side this is the best opportunity to invest in ICOs as long as they research first the project.

[jawakoak]

i heard ETH fall because of ICO's, thats some developer sell all ETH that they collect in sale to do more about project, i think now ICO's affect on ETH price,,so many ICO scam and not have real product or program

[consigliere]

The fact that in our time are the place to be too many scam ICO, which basically are the creators of Russia. I hope that all the scammers from Russia will be put in prison.

[miyaka26]

i heard ETH fall because of ICO's, thats some developer sell all ETH that they collect in sale to do more about project, i think now ICO's affect on ETH price,,so many ICO scam and not have real product or program

They are accepting different varieties of crypto and fiat for their token sale and the development of the project other than the ETH alone so clearly it is not the root cause of the fall from the devs but can be from the investors and bounty hunters due to their lack of confidence to the project, scam, delays, fraud promises and much more can trigger them to sell all their tokens.

[pjwaffle]

I dont think so. ICO projects just use ERC20 platform. It is not relative with ETH price. You should focus on the quality of project and product. Do not take care ETH price too much

[Ewinsane]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

What affects the general market is just not basically ETH movement, it is the fact that it is a bear market and every single market as a whole is touched. An ongoing ICO project will not be affected and moreover, this is usually the time when a lot of investors always want to accumulate ETH anyway for the long run, so that when the time comes in the long run to invest in ICOs and when the market generally increases in value, it would be easy to get to see the chances of being able to invest more.

A lot of the ICOs are doing badly lately because the general market condition is not favorable for growth, but has nothing to do with Ethereum price.

[South Park]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

I do not think this is a matter of believing, you just need to look at ethereum and at the market of all the icos that are released under its platform and you will see that both of them are very affected by the circumstances in the market and both of them are affecting each other negatively, this is why the price ethereum doesn't seem to move and you should not expect that for some time.

[Oleg88]

I think that the price of ETH will not affect the ICO. All the more can be used for ICO and other coins.

[arwin100]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

I do not think this is a matter of believing, you just need to look at ethereum and at the market of all the icos that are released under its platform and you will see that both of them are very affected by the circumstances in the market and both of them are affecting each other negatively, this is why the price ethereum doesn't seem to move and you should not expect that for some time.

Correct since as we can see majority tokens under the eth networks has been down and many people already lose some bucks and you can also see on ICO space that there are so many of ICO implementor failed and lose some profit for their project since its the reason either their eth collected value decrease contributes it or either they didn't collected enough fund. And maybe we cannot expect a sudden changes at this point since maybe this stable/red days of crypto especailly with eth will continue.

[blitz888]

Great discussion! Thank you everyone for sharing what you think.

Here are a couple of take aways based on your opinions:

1. Price psychology plays a big factor whether or not investors participate in an ICO. Since the price of ETH is close to the year's low, some (not all) investors prefer to wait on the sidelines and this affects all projects IN GENERAL. As a result, some projects extend the ICO period to reach required caps and others move their ICO at a later date.

2. The price of ETH should not matter as long as the project is of great quality although there maybe a possibility that ICO period maybe extended due to the overall market sentiment (psychology as mentioned above). Unlike last year, great projects get sold out even before the ICO period ends.



Other points of discussion:
Based on trends for the past years, do you think ETH will gain even at least half of what it lost before the year ends? When do you think is the best time for high-quality projects to do their ICO period?

[jamids]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

Price matters when it comes to investing. It would depend still on the price of the token if it would fluctuate base on ETH price or if the number of tokens is base on ETH no matter what the price it is. If it is fixed then it would be better for investors to invest at this price compared to when the price goes up because it would mean that they were able to buy the tokens at a cheaper amount. If it fluctuates then it doesn't matter what price of the ETH is because price per token has fixed dollar value. Nevertheless, the mood of the market is not that good now that's why only rarely that ICOs would be able to reach hardcap.